Financial crises require governments.Timothy GeithnerTheWorldMotivation.comTry New ThemeDownloadSharePin ItCopied to clipboard!“Financial crises require governments.
“But what we're determined to do, and what the reforms will do is to make sure this system goes back to its core purpose of taking the savings of Americans and from investors around the world and allocating those to people with an idea, not just the largest companies in the country, but to small businesses with an idea and a plan for growing.”Timothy GeithnerBusinesses
“I personally believe that there's going to be a good case for the government preserving some type of guarantee to make sure that people have the ability to borrow to finance a house even in a very damaging recession. I think there's going to be a good case for that.”
“There is a higher law than the law of government. That's the law of conscience.”Stokely CarmichaelGovernment
“Our nation is built on the bedrock principle that governments derive their just powers from the consent of the governed.”Adrian CronauerGovernment
“As a governor, I am naturally inclined to focus on the domestic side of protecting the United States.”Bill Owens
“We judged that a sudden, disorderly failure of Bear would have brought with it unpredictable but severe consequences for the functioning of the broader financial system and the broader economy, with lower equity prices, further downward pressure on home values, and less access to credit for companies and households.”Timothy GeithnerBear
“This crisis exposed very significant problems in the financial systems of the United States and some other major economies. Innovation got too far out in front of the knowledge of risk.”Timothy GeithnerCrisis
“We will not support returning Fannie and Freddie to the role they played before conservatorship, where they fought to take market share from private competitors while enjoying the privilege of government support.”Timothy GeithnerCompetitors
“If taxes and government spending are both slashed, then the salutary result will be to lower the parasitic burden of government taxes and spending upon the productive activities of the private sector.”Murray RothbardGovernment
“In a government such as ours we have vigorous contests to determine who should lead. The recent election was no exception. Now we inaugurate a new government on a day that transcends any one individual or any one party.”Matt BluntGovernment
“This Government has found occasion to express, in a friendly spirit, but with much earnestness, to the Government of the Czar, its serious concern because of the harsh measures now being enforced against the Hebrews in Russia.”Benjamin HarrisonGovernment